Skip to main content

tv   [untitled]    October 6, 2011 11:30pm-12:00am EDT

11:30 pm
i honor stealing hair at the behest of their bishop a man with the ironic name of sam mullet but i think there's another mastermind in this crime ring someone who needs a constant supply of human hair to maintain its public image but donald strikes again. next what's best for the country the profit rule or the romney rule answer may depend on how many zeros you have in your bank account more on the segments a stalin fourteen percent income tax rate coming up. let's not forget that we had an apartheid regime.
11:31 pm
i think. he'd want to well. we never got that that says they're going to keep him safe get ready for freedom. paula back to the big picture i'm tom hartman coming up in this half hour who should pay for job creation in america president obama the rest of the country think it's about time for the richest of the rich to start contributing their fair share so who could possibly disagree with that find out in just
11:32 pm
a moment i also want to apes know that we don't play inside science and we learn something new about the federal reserve this week in my daily take i'll tell you what that is and why it leaves ninety nine percent of us screwed. president obama faced off with reporters today as he once again urged congress to pass his american jobs act in particular he spoke to republicans who argue that the bill costs too much money and explain why it's necessary to make millionaires and billionaires pay their fair share to foot the bill. this jobs bill is only paid for by asking millionaires and billionaires to pay their fair share. and some see this is class warfare i see it as
11:33 pm
a simple choice we can either keep taxes as exactly as they are for millionaires and billionaires with loopholes that lead them to have lower tax rates in some cases then plumbers and teachers or we can put teachers and construction workers and veterans back on the job. it is deficit reduction plan which lays out a way to pay for the american jobs act president introduced the buffett rule which ensures that the wealthiest americans are forced to pay the same exact tax rates as the average middle class americans so the day's working on a similar proposal or plan to charge the wealthy a five percent surtax on any income over one million dollars in order to recoup the costs of job creation republicans still think these pay for's are class warfare and i guess republican front runner for president mitt romney would know he's the richest guy in the race he's worth hundreds of millions of dollars just so happens to pay less in taxes than most working stiffs in america and his plan for the economy cuts taxes even lower for millionaires and billionaires and since
11:34 pm
republicans in congress have pledged not to vote on the president's jobs plan or on his buffett rule it appears this will be an issue that hits the campaign trail so which path is better for america president obama's buffett rule that makes the rich pay their fair share or the romney rule which gives the rich another tax break for an answer i'm joined by brian darling columnist human events director of government studies at the heritage foundation grant welcome back. good to see you should millionaires like ron. just came out today mitt romney made somewhere south of forty million dollars last year yeah and he earned it you know the paris hilton way to sit on his wall around the pool waiting for the dividend checks to show up you paid a total of fourteen percent in taxes right why is that right well it's right because our tax code clearly needs to be fair to conservatives i'm a little bit about it is that it's right but it's wrong no it's right i mean i think our tax codes a mess i mean i think our tax codes get some serious problems but the fact that wealthy people are making money i don't have
11:35 pm
a problem with it i've heard started i was making forty million dollars i'm sorry but it's been fourteen percent income tax on right right that sounds lower than i'm guessing you pay oh yeah definitely i pay a lot more than that i would like to pay a little very conservative mitt romney should be paying at least the same income tax that you are he's making forty million bucks on. sure you're not well basically when you mean no offense and yet when you're making money off of your investments and you're paying a different rate of taxation and when it's coming in as income are you make all my money in income i don't have much in the form of investment so i'm not making i'm paying a much higher tax rate than mitt romney and others who make their money through and so i think i get the logic here there is a particular type of income a particular type of person that is so favored in our society that we need to give them a lower tax rate why not neurosurgeons why not workers childcare workers and communities for these kids why don't we give them a lower tax rates instead of investors why not people who are who are you know
11:36 pm
really putting their lives online are really working hard or you know e.r. darks why not e m t's i mean if we're going to pick out a group in society and say these people are going to pay a maximum fifteen percent income tax and everybody else is going to pay thirty six percent why should that group be people who earn their living by using money rather than their minds of their bodies well maybe that there is an unfairness in the tax code if you want to treat that as income well i mean if you want to treat distinct come you'd have to do it in a manner where you cut taxes in other areas so i say because the federal government doesn't need any more money we don't need to feed the beast and grow government any further it's already always figured out mommy ronald reagan and ronald reagan your patron saint us raise the capital gains rate is this rate that millionaires and billionaires made used to be much lower than the income tax rate he raised all the way up to one hundred percent of the income tax rate in one thousand nine hundred seventy i was in this camp rockville arrays
11:37 pm
a six asia and even just because right now private and and you know it if ronald reagan did did it at ronald reagan said people earning their living with money should pay the same as as the the e.m.t. or the political pundit or the author or whatever. what's wrong with ronald reagan i love that ronald reagan simplify the tax code and cut taxes for many americans brought those top tax rates down i know that ronald reagan jacked up the tax season and people like mitt romney increased taxes and he cut taxes much like bill clinton bill clinton did the same thing he also bill clinton what's wrong with doing. what i don't want to raise that fifteen percent top tax rate for the mitt romneys of the world they were all he's worth four hundred million dollars in a forty million bucks this year from his investments he pays fourteen percent income tax why not have him pay the same income tax rate as his secretary like warren buffett thinks that is if you want to rewrite the tax code and do that i think conservatives would agree you'd have to do in
11:38 pm
a revenue neutral manner so the federal government isn't just gaming the system so they can steal more money from the private economy and waste it revenue on revenue neutral what does that mean i mean if the federal government hasn't taken the same percentage of revenues that they did in the last year but because the federal government doesn't need anymore money race enough are you ok there is dollars have you noticed how many of our bridges are falling down i've noticed how much debt have you had that have you noticed that we're buying of billion dollars a day with oil from overseas we've got you know a third of the country the southwest of the country that's got so much sunlight it could power the entire nation out of the laughable and i can't we're not there there's no way we could power the country right in one thousand nine hundred eighty two we didn't have an atomic bomb either and we said you know we're going to make this thing you know we didn't we we did it we didn't have a nine hundred sixty one when john kerry was sworn in we the idea put a man in the morning ten years impossible we did it without you telling her that we're just we're hopeless now we're just we're just so i think america has become solar energy is hopeless right now maybe in their future so stupid we can't we
11:39 pm
can't make solar energy well it doesn't work so why would we waste billions and billions of dollars on the private enterprise it doesn't work it doesn't work you know the main one hundred sixty one either well first of all going to the moon i mean honestly when you think about going to the moon was that it was over great investment for our future i mean i think a lot of good stuff came out of why. energized it energized a generation of scientists really excited but didn't you know didn't want to go to the moon of explorers but we have a lot of things you know there's a vault where there's a whole whole realms of technology that came out of the space program and nasa would be glad to tell you about that it's on their website now it's about go up but the point is that it sounds to me like the argument you're making when you say that if we're going to do what ronald reagan did in raising romney's tax rate up to the same level as the secretary that we had there for then have to have two cuts cut every well we have to take his secretaries or cut the corporate tax or something else double taxation so they do make sure that the government doesn't
11:40 pm
have more money you have one and a half trillion dollars where the roads and bridges that are fall apart you know more than half of all the bridges in this country are written dangerous i mean not by crazy liberals by you know the government itself by the by the bridge inspectors . we do need more revenue you know what we need to do is get rid of the departments get rid of the corporation for public broadcasting we can get rid of legal services corporation we can get rid of all the solar money that we're with if you do all of these things you might pay for two bridges you know that the obama administration spent or put out a loan guarantees for over six billion projects in the last two weeks take out money if you want to put that into bridges but stuff we still in some going we owe it to the automobile you know now half dollars just in infrastructure right we need to raise our taxes now we don't we need to do it right we don't need it israel or the axes and mitt romney you can wouldn't support that idea reagan wouldn't graveyard for raising taxes by you'd raise no armies taxes from from from from the
11:41 pm
forty percent of them but he also simplified the tax code and cut taxes on high end earners on their income tax i now and then produce the you know thirty years of deficit brian thank you for thank you for the backlash under way in america against the top one percent of america if republicans like mitt romney want to campaign strictly on behalf of the top one percent already had knock yourself. just when you thought you discover that we discovered all there is to discover about our bodies function scientists found a really fascinating new connection between the brain and the immune system in two new studies researchers show that important immune cells called t. cells make the link between the brain and our entire body's immune system t.
11:42 pm
cells or t. lymphocytes along for a group of white blood cells known as lymphocytes they play a central role in cell mediated immunity immunity at the cellular level they can be distinguished from other lymphocytes cells like b. cells and natural killer cells because of a special receptor that they have in their cell services called t. cell receptor so why should that t. stand for it relation t. and t. cells stands for bias bias and right about here since this is the principal organ responsible for the t. cells maturation of the body but these new studies show that the vegas nerve which is the longest of the cranial nerves instance stems from the brain down through or through the neck or acts in the abdomen sends signals to a subset of t. cells that produce the neurotransmitter chemical acetylcholine these t. cells and the neuro transmitters that they produce then help a walk or reduce inflammation in the body. i discovered this connection between our t.
11:43 pm
cells and the activities of the vegas nerve suggests that it may be possible to actually treat inflammation as well as autoimmune diseases the body attacking itself by targeting the brain and the way it's firing nerves that affect t. cells in the meantime there are simpler ways this research can be applied in medical treatments rheumatoid arthritis patients in europe for example are being studied right now clinical trials for electrical stimulators are implanted in their vegas nerves and turned on to stimulate the circuit and suppress inflammation easing the pain and the debilitating formation that so many rheumatoid arthritis patients suffer from on a daily basis and my personal theory it's very noticeable primates thump their chests doing so both stimulates the finest or the t. cells come from and both the left and right vegas nerves which also stimulate it real ones so those apes may be out of something immunity and a good boost in a drama. coming up the ninety nine percent have taken to the streets against the
11:44 pm
one percent but i'll tell you about another ninety nine percent that's getting screwed over by our two tiered economic system in my daily take. let's not forget that we had an apartheid regime right and. i think the plumbing eatable in one well. we have the government says there are you safe.
11:45 pm
you know sometimes you see a story and it seems so sleek you think you understand it and then you glimpse something else hears you some other part of it and realized everything is off you don't i'm sorry.
11:46 pm
your take my take you know the show where we give you the opportunity to have your questions comments criticisms and opinions heard here on the big picture our first comments and i came to us via the viewer rant line it's our my grandfather was an immigrant from italy came over on mostly and checked our family roster. pretty highly educated with a fourth grade education. first time i found out how high taxes were first married i asked my grandpa why she said well part it's the way our country keeps everything and balance and all those rich people keep all their money going to put
11:47 pm
a lot of them that's why they should be protected so the man of the fourth grade education was able to realize that and figure that out. well thank you for reminding us all that once you get past the political jargon and flashy soundbites this is really a very basic issue our country's out of balance and that any quality is created a generation the now feels robbed of its future but the only way to bring about change and to preserve the ideals of this country was founded on and that your grandfather understood so well is to get out there and make your voice heard and starts with truly grassroots movements like for example occupy wall street i crocked by d.c. occupy boston and the other ninety nine percent protests sweeping the nation but it ends with getting involved in your local state and federal elections infiltrating our political parties and becoming the change we want is trying to put the needs of ordinary people way ahead of the greed of the four hundred american all of us who
11:48 pm
control more wealth at the bottom one hundred fifty million of us combined our next comment is from his own carbon page on facebook now that the occupy wall street protests again were men of the mainstream media has started paying attention they also haven't hesitated to criticize and ridicule the protesters for seemingly not not having a clear cut agenda. i think if you put every single left when cause into a blender and hit power this is the sludge you get they are some of the most uninformed people if you listen to the truly unbelievable i like the one guy says were affecting things i think the only things affecting his traffic so what do you want protesters it seems like people want a messiah leader just like they did when they are no link to the iraq obama but if you don't know what's wrong no one can fix it for you time line so brian in response was going to impose on facebook that it's a good thing that the mobile is focusing on a variety of issues and it hasn't relied on one visible leader. he wrote it ninety
11:49 pm
nine are protesting everything that's going on there are no leaders there is no one issue all the issues are involved in this but if we focus on one issue they could put a leader in charge criticize him abuse him and make him a media star so they can dissolve the movement it happened with gloria steinem michael moore and way too many in the peace movement the civil rights movement so on i think really if we just put one issue out there it will dissolve into the dustbin again one hundred thousand problems we have are the issue wars cuts spending taxes money in politics g.m.o. as wall street greed and so on no more we're fed up well you know i agree with the sentiment bryan generally speaking but for your caller that there not be any more michael moore's or brian or gloria steinem's you know been there done that respectfully iraq gloria steinem and michael moore were both tremendous agents of change are in fact so were martin luther king and bobby kennedy i've always found
11:50 pm
it fascinating some people think that if a movement has no public face and no public leader it will be more effective but have you ever heard of frederick douglas or susan b. anthony or f.d.r. now on the other hand please name for me any movement that actually produced real change in america that either didn't organically select for itself or wasn't brought into the forefront by a few people who either volunteered for or were forced into the limelight rosa parks worked for over a decade and nonviolent resistance training it's before she was before she stepped into that night so well it's really really important that we don't fetishizing leaders to a high profile figures after all it is people to. it's equally true that your anarchist ideal has never really worked and never will even anarch anarchist revolutions end up with leaders and often they're the ones who produce the worst
11:51 pm
results re read your history the french revolution please that's it for your take my take tonight if you like your comments and questions heard on this side of the big picture listen up we want to know your to send us your comments by visiting the tom hartman facebook page but twittering at tom underscore apartment or in the champ room on the message boards or the blog at tom hartman dot com you can also leave a message on the rant line at two to five three six fifty three zero six agree disagree sound off it's all welcome to remember that your comments made use on the year. ninety nine er's aren't just the rich one percent average person and the rich one percent against the other ninety nine percent average person of us they're also the room one percent of super rich corporations eating the launch of the other ninety nine percent of small businesses in america here's how it works the small business
11:52 pm
administration defines a small business as a firm that employs fewer than five hundred people frankly doesn't sound very small at all a comparative transactional bit like general electric which employs three hundred thousand people or mcdonald's which employs one half million people or wal-mart which employs two point one million people five hundred is pretty small the small businesses make up more than ninety nine percent of all the businesses in america the giant transnational corporations fewer than one percent of american companies and when it comes to job creation he's ninety nine percent of the small businesses employ more than half of the workers in america and have employed sixty five percent of all new workers over the last two decades. so if there was such a thing as job creators they're the bosses of mom and pop shops in your local restaurants and not on wall street when our economy went into full meltdown mode in
11:53 pm
two thousand and eight and two thousand and nine the fed opened up a secret lending window and dished out trillions of dollars to keep banks on wall street afloat but they didn't just lend to banking giants on wall street illin to that top one percent of mega corporations exclusively as the new york times reported the fed's efforts to stave off a financial crisis reach far beyond wall street touching manufacturers like general electric detroit auto makers and harley davidson general electric mcdonald's caterpillar of arisan even foreign corporations like toyota got handouts courtesy of the fed and banks to the scalp these transnational giants are doing just fine profits are up and their c.e.o.'s are laughing all the way to the bank but someone forgot to tell someone for out about the small businesses you know the ones that make up ninety nine percent of all businesses in america and employ more americans than the big corporations the fed didn't give them
11:54 pm
a penny and today small businesses are in big trouble senator bernie sanders was wondering what the heck this is all about so we asked fed chairman ben bernanke he that question on tuesday during a senate hearing on the boy this crisis situation no why aren't you doing for small business what you did for the large financial institutions where we are addressing unemployment and i just discussed in my testimony the aggressive steps we're taking to ease monetary policy which is our main tool for us repaired to provide low interest loans to small businesses in the same way you provide it at the large financial institutions around the world i don't think that's our role and i'm sure we don't have the authority to do that. there you have it the fed doesn't give loans to small businesses but does give loans to massive corporations this is a symptom of a form of government goes for rioting of names plutocracy aristocracy oligarchy it's the form of government that our nation's founders fought to overthrow for
11:55 pm
example the largest stockholders in the east india company in the seventeenth seventy's whose t. was thrown in the harbor in boston and seven hundred seventy three because parliament gave that company a massive tax cut yes it was a tax cut that provoked a corporate tax cut that provoked the boston tea party the largest stockholders in that company were members of the royal family and members of parliament the united kingdom was an oligarchy with a monarchy a form of government they'd had for almost a thousand years we threw them out of our country and built a solid middle class and strong businesses at the core of that little ones until reagan stopped in force in the sherman antitrust act in one thousand nine hundred two and cut the top top tax rate on millionaires and billionaires from seventy four percent to twenty eight percent the explosion of mergers and acquisitions in the early one nine hundred eighty s. the m. and a mania the so-called reagan revolution was the beginning of the rise of the modern oligarchy in america reagan in perfect reverse robin hood manner it began
11:56 pm
a systematic looting of both the middle class and the commons all that infrastructure all the pieces the pieces of our nation we stopped building schools in the reagan era never picked it up again but we did start building the fortunes of just a very very few thousand rich people when the forbes four hundred richest individuals was first measured in one thousand nine hundred two their combined wealth was ninety one billion dollars today it's one point five trillion. that's a sixteen hundred percent increase and instead of paying seventy four percent income tax the forbes four hundred richest individuals in america average they on average they pay eighteen percent federal income taxes because the top federal tax rate for billionaires and people like paris hilton would make their money sitting around the rather poor waiting for the dividend check is far lower than average working
11:57 pm
americans when the bush crash happened in two thousand both the american middle class and the small businesses they own were in trouble and so were some of the our growers and bush and bernanke who decided to exclusively bail out bialik arms and so today we have thousands of people in the streets representing the bottom ninety nine percent of america saying they no longer want the fruits of their labors to go to support a system of oligarchy and now even the president is calling out the dollars saying that they should at least pay for their secretaries and janitors pay in taxes frankly if you want to really undo the oligarchy we need to go a whole huge step further break up the big banks the big media giants and big pharma giants big health care giants right across the board virtually every major industry in america is now dominated by a handful of giant companies when you break them all back
11:58 pm
a lot the last president who did this was jimmy carter breaking up a team and as to the massive wealth these oligarchy have sucked out of us and our nation over the last thirty years simple remedy roll back the reagan tax cuts. as the big picture for tonight for more information on the stories we covered visit our website to tom hartman dot com free speech dot org and. also check out our two you tube channel or along since i'm part of. this entire show is also available as a free video podcast on i tunes and we have a free tell hartman i phone and i pad app at the store you can send us feedback at twitter at tom underscore hartman facebook town or school or our blogs message boards and telephone comment via tom hartman dot com and don't forget that our perceived begins with you find in your local city where there's an occupied we'll show up participate encourage them help you out bring some pizza bring a sleeping bag be part of the change tag your it suitable.
11:59 pm
wealthy british style. is not on the. market why not. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune in to kaiser report on our.

34 Views

info Stream Only

Uploaded by TV Archive on